Indonesia is the fastest-growing country in the Asia-Pacific region when it comes to the digitization of financial services, but its penetration remains the lowest in the area. A recent report by global consulting firm McKinsey titled Digital Banking in Indonesia: Building Loyalty and Generating Growth, shows digital banking penetration has increased significantly. In 2017, the number of […]
Read MoreThailand’s exports are expected to see the lowest growth in three years because of the Sino-US trade row, a global economic slowdown and the strengthening baht. Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce (UTCC), said the latest study puts export growth this year at […]
Read MoreVIENTIANE (Xinhua) – The combined trade value of imports and exports between Laos and Vietnam rose and crossed the $1 billion mark in 2018. According to daily Vientiane Times on Friday, in 2018, Laos earned about $723.5 million from goods exported to Vietnam and spent $552.2 million on imported goods, according to the Ministry of Industry and […]
Read MoreMANILA, Philippines — The country’s trade balance deteriorated to a record-high deficit of $41.44 billion last year as imports rose sharply while exports waned down, the Philippine Statistics Authority (PSA) reported yesterday. Although the trade gap narrowed to a three-month low in December as imports declined for the first time in a year, the PSA […]
Read MorePETALING JAYA: The government stands to collect an additional few billion ringgit from individuals and companies with overseas bank accounts under the Special Voluntary Disclosure Programme (VDP), according to Tax Advisory and Management Services Sdn Bhd chief executive officer Yong Poh Chye. The majority of individuals and companies own overseas bank accounts because of property […]
Read MoreFarida is a batik enthusiast. So strong is her fondness for batik that the resident of Yala in southern Thailand, visited the Indonesia Pavilion and bought batik every day during the sixth edition of the annual Melayu Day @Yala. The Malay cultural festival, which ran from Feb. 8 to 10, featured participants from Brunei Darussalam, Malaysia, Indonesia and Thailand. The […]
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